Opinion: The recent downturn in the market has made bullish options for Bitcoin to reach $100,000 the most popular option trade
ChainCatcher news, according to Coindesk data, the recent slump in the cryptocurrency market has led traders to reassess their bullish expectations. The bullish options for Bitcoin prices reaching $100,000 have surpassed those of $120,000 and become the most popular option trades on the Deribit trading platform. This shift indicates that market participants have adjusted their expectations for Bitcoin prices, with more traders beginning to bet that Bitcoin will reach the psychological threshold of $100,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
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